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Baosteel June 2015 HC Ferrochrome Tender Price Announcement

JISCO June 2015 HC Ferrochrome Tender Price Announcement

[Ferro-Alloys.com]China’s major steel mills will settle their new tender prices for high-carbon ferrochrome in early June. The new tender prices could hardly rise due to the sufficient supply. On the one hand, China’s domestic high-carbon ferrochrome produce...

Platts assessed spot import price of high carbon ferrochrome into Japan at 82 cents-83 cents/lb CIF Japan Friday, down from 83 cents-84 cents/lb CIF for the last six weeks.

China’s FeCr export volume was 710 mt in April, up by 107% M-O-M and up by 256% Y-O-Y. There is no improvement on FeCr market this year, the export volume continued low as last year.

[Ferro-Alloys.com] China’s chrome ore import volume was 850,786 mt in April, slightly down by 2% M-O-M (1,015,000mt) and down by 16% Y-O-Y. The total import volume from Jan. to Apr. 2015 was 3,130,763 mt, down by 13% Y-O-Y.

[Ferro-Alloys.com]:China’s FeCr import volume was 203,304 mt in April, down by 13.6% M-O-M（235,623 mt）while up by 6% Y-O-Y（191,513 mt）. Since 2015, monthly import of FeCr was not only higher than that of last year but in the high level in recent years. ...

[Ferro-Alloys.com]As the raw material in the production of low- and micro-carbon ferrochrome, silicon chromium prices slipped due to the weak low- and micro-carbon ferrochrome prices for months, which kept at a history low level.